WikiFX

Sagot

FenzoFx is not regulated, and its lack of oversight makes it less safe compared to regulated brokers. While the platform offers appealing features like low spreads, no commissions, and a diverse range of tradable instruments, the absence of regulation means I would be trading with a higher level of risk. For me, the safety of my funds is a top priority, and without the protection of a regulatory body, I cannot guarantee that FenzoFx will operate in a fair and secure manner. Although FenzoFx provides features like a No Deposit Bonus account, which is attractive to new traders, the lack of regulation means there are no guarantees in place for resolving disputes or recovering funds. Based on my experience, I would recommend exercising caution and looking for a fully regulated broker that offers similar features with the added benefit of investor protection.